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Transcripts For BLOOMBERG Bloomberg Go 20160616

Investors are asking if sterling falls and if inflation shoots up, does the bank of england have a hike rate . E brexit could cause spillovers into the u. N. Economy. Core inflation. But it does see a pickup in inflation. Its delaying investment and spending decisions and the brexit could materially affect inflation and the g. D. P. And jobs. They are not stopping, warning about the risks of brexit. Only a few months ago he said he wasnt going to wade into a Brexit Debate. How things have changed since february. No terrific moves off the back of that warning. My question to you would be, the labor market yesterday, solid. The warnings, do you think into the data . Thats a good question but the p. M. I. Data suggests it is Second Quarter is at. 2 . As you know the end of last year we grew. 4 . The big question for economists and the bank of england is how much of a slowdown of the economy is brexit related . We have had a suggestion that some of the slowdown might be nonbrexit related b

Transcripts For BLOOMBERG Bloomberg Markets 20160801

Close of trade. Julie hyman is standing by. The story this afternoon all about oil as we see it returns we bear market. Julie we have been talking about oil falling below 40 a barrel at some point today. This is on the outlook for the to not be abating at a fast enough pace to justify the price of oil. We are seeing a pullback to just over 40 a barrel at the moment. We saw a big increase in net shorts in terms of oil. We saw a big surge, the biggest on record on a weekly basis. Look at oil since its highs in june. You see this bear market we have entered. A pullback of 22 as we were talking about half an hour ago. Now trading below the 200day average. As it has worsened over the day, we have seen stocks worsen as well. The nasdaq the lone gain of the three major averages. Energy is a big part of the story today. That is the biggest drag on the s p 500. You can see some of the big percentage declines we are seeing. Many accelerating over the course of the day. They are all slumping in t

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